Common use of No Presumption as to Absence of Good Faith Clause in Contracts

No Presumption as to Absence of Good Faith. The determination of any Eligible Proceeding by judgment, order, settlement or conviction, shall not, of itself, create any presumption that the Director did not act honestly and in good faith with a view to the best interests of the applicable Eligible Entity or, in the case of a criminal or administrative action or proceeding, that the Director did not have reasonable grounds for believing that his conduct was lawful (unless the judgment or order of the court specifically finds otherwise).

No Presumption as to Absence of Good Faith. The determination of any Eligible Proceeding Claim by judgment, order, settlement or conviction, or upon a plea of "nolo contendere" or its equivalent, shall not, of itself, create any presumption that the Director did not act honestly and in good faith with a view to the best interests of the applicable Eligible Entity Company or any of its subsidiaries or, in the case of a criminal or administrative action or proceeding, that the Director he did not have reasonable grounds for believing that his conduct was lawful (unless the judgment or order of the court specifically finds otherwise).